- Best condo insurance companies in South Carolina
- Average cost of condo insurance in South Carolina
- Condo insurance rates in South Carolina by coverage level
- Condo insurance rates by companies in South Carolina
- Compare condo insurance rates by city in South Carolina
- Methodology
- Compare South Carolina condo insurance rates with other states
Best condo insurance companies in South Carolina
In South Carolina, you have a lot of options when it comes to finding the best condo insurance company. To make your task easier, our insurance experts have analyzed premiums, coverage offerings, scores, and ratings from sources like the National Association of Insurance Commissioners (NAIC) and AM Best for major insurance companies in South Carolina. Below are the best condo insurance companies in South Carolina based on Insurance.com’s analysis.
| Company | Annual premium | AM Best rating | NAIC | Insurance.com rating |
|---|---|---|---|---|
| State Farm | $425 | A++ | 0.95 | |
| Allstate | $499 | A+ | 0.90 | |
| Auto-Owners | $585 | A++ | 0.33 | |
| Farmers | $654 | A | 0.54 | |
| Travelers | $876 | A++ | 0.54 | |
| Progressive | $744 | A+ | 8.45 |
Average cost of condo insurance in South Carolina
The average cost of condo insurance in South Carolina is $569 a year or $47 a month with $1,000 as deductible, $60,000 in personal property coverage, and liability coverage of $300,000. Your average annual premium will vary depending on your location, the coverage limits you select, and the deductible amount among other factors.
To find the most affordable policy for your situation, compare quotes from multiple providers based on the coverage you need.
| Average annual premium | Average monthly premium |
|---|---|
| $569 | $47 |
Condo insurance calculator
Average condo insurance rates in South CarolinaMost & least expensive ZIP codes for condo insurance in South Carolina
Most expensive
| ZIP code | City | Highest rate |
|---|---|---|
| 29439 | Folly Beach | $1,050 |
| 29585 | Pawleys Island | $941 |
| 29412 | Charleston | $925 |
| 29575 | Garden City | $917 |
Least expensive
| ZIP code | City | Lowest rate |
|---|---|---|
| 29316 | Boiling Springs | $416 |
| 29349 | Inman | $420 |
| 29369 | Moore | $421 |
| 29075 | Little Mountain | $427 |
Condo insurance rates in South Carolina by coverage level
Based on a rate study by Insurance.com, State Farm provides the lowest condo insurance rates in South Carolina based on our standard coverage sample of $60,000 for personal property coverage, $300,000 for liability coverage and a $1,000 deductible.
USAA is the next cheapest option, offering low-cost condo insurance in South Carolina at $436 per year. However, rates vary by coverage level.
The table below shows condo insurance rates from several top companies at various coverage levels.
| Company | $40,000 contents/$100,000 liability | $40,000 contents/$300,000 liability | $60,000 contents/$100,000 liability | $60,000 contents/$300,000 liability | $80,000 contents/$100,000 liability | $80,000 contents/$300,000 liability | $100,000 contents/$100,000 liability | $100,000 contents/$300,000 liability |
|---|---|---|---|---|---|---|---|---|
| State Farm | $373 | $381 | $417 | $425 | $451 | $459 | $483 | $491 |
| USAA | $412 | $412 | $436 | $436 | $462 | $462 | $490 | $490 |
| Allstate | $370 | $405 | $464 | $499 | $555 | $590 | $649 | $684 |
| Auto-Owners | $498 | $505 | $579 | $585 | $661 | $667 | $742 | $749 |
| South Carolina Farm Bureau Mutual | $513 | $519 | $596 | $603 | $700 | $707 | $808 | $815 |
| Farmers | $532 | $549 | $637 | $654 | $744 | $761 | $861 | $878 |
| Progressive | $620 | $630 | $734 | $744 | $814 | $824 | $892 | $902 |
| Travelers | $726 | $757 | $840 | $876 | $939 | $980 | $1,071 | $1,120 |
Condo insurance rates by companies in South Carolina
Rates for condo insurance by company in South Carolina vary. It’s important to shop around and compare quotes to find the best price.
In the table given below, you’ll see condo insurance rates for major companies in South Carolina. The cheapest company for condo insurance in South Carolina is State Farm. Allstate, and Auto-Owners, are the second and third cheapest options.
| Company | Average annual rate | Average monthly rate |
|---|---|---|
| State Farm | $425 | $35 |
| USAA | $436 | $36 |
| Allstate | $499 | $42 |
| Auto-Owners | $585 | $49 |
| South Carolina Farm Bureau Mutual | $603 | $50 |
| Farmers | $654 | $54 |
| Progressive | $744 | $62 |
| Travelers | $876 | $73 |
Compare condo insurance rates by city in South Carolina
Condo insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on condo insurance for your specific city in South Carolina.
City Annual insurance premium
Methodology
Insurance.com compared condo insurance rates provided by Quadrant Data Solutions in 2023 for $60,000 of personal property coverage with a $1,000 deductible and $300,000 of liability coverage for all available ZIP codes and with a good credit score. The content was updated in 2024.
Compare South Carolina condo insurance rates with other states
Helpful home insurance tools and calculators
You might also be interested in- Traffic ticket calculator in South Carolina
- SR-22 insurance in South Carolina
- Best and cheapest non-owner car insurance in South Carolina
- Low-income car insurance in South Carolina: What you need to know
- South Carolina car insurance guide
- Cheapest car insurance for high-risk drivers in South Carolina
- Cheapest home and auto insurance bundle in South Carolina
- Best cheap car insurance in South Carolina for 2024
- Best and cheapest renters insurance in South Carolina
- Best and cheapest homeowners insurance in South Carolina for 2024